Home Bitcoin Solana ETF Approvals May Be Just Days Away

Solana ETF Approvals May Be Just Days Away

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People in the industry are starting to talk like Solana spot ETFs are finally about to happen. Issuers are looking at the window between October 6 and 10 as the most likely time for the SEC to give the green light. There have been some real changes in how the SEC is handling crypto funds, and those changes are fueling confidence.

Behind the Hype: What’s Changed

A big part of the momentum comes from the SEC’s decision to adopt what are called generic listing standards for crypto exchange-traded products. That move basically removes the need for ETF issuers to file a separate rule change every time they want to launch a new crypto ETF. Instead of a long, messy process for each token, the path is now a lot more streamlined.

A bunch of issuers have already gone back and updated their S-1 filings. They’re trying to smooth over any issues related to staking or technical details before things reach the final stage. Some insiders say they’re feeling pretty confident that Solana’s ETF registration statements will go live sometime between early and mid-October.

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What Could Disrupt the Timeline

That said, nothing is locked in just yet. One of the biggest risks is a potential government shutdown. If that happens, the SEC would effectively go dark. That means no approvals, no progress, and no green light until the government reopens. Some people close to the filings say that if a shutdown happens, ETF approvals during that period are pretty much off the table.

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Another question mark is whether these ETFs will support staking from day one. Some of the revised filings mention staking, but it is still unclear if that feature will actually make it into the final products right away.

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What Makes This Moment Significant

If the SEC gives Solana the go-ahead, it would become the first big altcoin after Bitcoin and Ethereum to land a spot ETF. That alone is a major milestone. But it also matters because there are already over 100 crypto ETF applications waiting in the wings. If Solana breaks through, that could unlock a wave of new products.

The move to generic listing standards is what’s really pushing this forward. It lowers the barrier to entry and speeds up the process. Some analysts, like Eric Balchunas, are already saying that altcoin ETF approvals are basically a sure thing at this point.

What to Watch Closely

The first thing to watch is whether the SEC actually moves in that October 6 to 10 window. The second is whether the final approval includes staking or skips it for now. After that, it’s worth keeping an eye on what happens next. Will other altcoins like XRP or Litecoin follow Solana’s lead?

And how will ETF issuers promote these new funds once they’re live? If things go smoothly, this could mark a turning point in crypto’s relationship with traditional finance. But if the process hits delays or resistance, it could be a while before we see the next big launch.

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Key Takeaways

  • Spot Solana ETF approvals could arrive between October 6 and 10, according to sources close to the filings.
  • The SEC is now using generic listing standards, which simplifies the process and speeds up approvals for crypto ETFs.
  • A government shutdown could delay any decision, as the SEC would temporarily stop reviewing applications.
  • It’s still unclear if staking will be included in the first round of Solana ETFs, as those details are still being finalized.
  • If approved, Solana ETFs could pave the way for more altcoin ETFs and speed up the adoption of similar crypto products.

The post Solana ETF Approvals May Be Just Days Away appeared first on 99Bitcoins.





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